ModivCare Inc.MM

ModivCare Inc.

3.22USDR
+0.09+2.88%
As of today at 15:58 GMT
USD
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MODV fundamentals

Key facts

Market capitalization‪46.03 M‬USD
Basic EPS (TTM)−12.87USD
Founded1996
Employees (FY)‪21.2 K‬
CEOL. Heath Sampson
About

ModivCare, Inc. is a technology-enabled healthcare services company, which engages in the provision of a suite of integrated supportive care solutions for public and private payors and their members. It operates through the following segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The NEMT segment is involved in the non-emergency medical transportation programs for state governments and managed care organizations, or MCOs, in the U.S. The Personal Care segment offers home personal care services to State and Managed Medicaid, Medicare, and Private Pay patient populations in need of care monitoring and assistance performing activities of daily living. The RPM segment focuses on remote patient monitoring solutions, including personal emergency response systems, vitals monitoring, and data-driven patient engagement solutions. The Corporate and Other segment includes the costs associated with the company's corporate operations. The company was founded by Fletcher Jay McCusker in December 1996 and is headquartered in Denver, CO.

Ownership
‪‪14.29 M‬‬
Free Float shares
‪‪11.89 M‬‬ (83.18%)
Closely held shares
‪‪2.40 M‬‬ (16.82%)
Free Float shares
‪‪11.89 M‬‬ (83.18%)
Closely held shares
‪‪2.40 M‬‬ (16.82%)
Capital structure
Market cap
‪‪46.03 M‬‬
Debt
‪‪1.26 B‬‬
Cash & equivalents
‪‪48.88 M‬‬
Enterprise value
‪‪1.26 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪46.03 M‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.02x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.02x
Valuation ratios
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪0.06‬
‪0.12‬
‪0.18‬
‪0.24‬
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−20.6%‬
‪−15.6%‬
‪−10.6%‬
‪−5.6%‬
‪−0.6%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−250.00 M‬‬
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−250.00 M‬‬
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−250.00 M‬‬
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Non-emergency Medical Transportation
Personal Care
Remote Patient Monitoring
Corporate and Other Segment
By country
Period: 2023
United States

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪200.00 M‬‬
‪‪400.00 M‬‬
‪‪600.00 M‬‬
‪‪800.00 M‬‬
Actual
Estimate
Earnings
Next:Mar 6, 2025
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪−0.50‬
‪0.00‬
‪0.50‬
‪1.00‬
‪1.50‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

MODV does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−450.00 M‬‬
‪0.00‬
‪‪450.00 M‬‬
‪‪900.00 M‬‬
‪‪1.35 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪300.00 M‬‬
‪‪600.00 M‬‬
‪‪900.00 M‬‬
‪‪1.20 B‬‬
Assets
Liabilities